Hi Everyone!Nearly 3 years ago I finished reading nearly every article and blog posts here before finally feeling confident enough to buy my first income property.About a year later I finally purchased my first income...
I have been renting a property for 2 years now and making rental payments directly to the mortgage company. The owner was in foreclosure but I helped the owner through the modification and now finally approved and mo...
Just thinking about becoming a landlord. I live in the Denver area. My home is worth around $400k. I owe $92k with 13 years left on the original mortgage with a monthly payment of $1200. Advice from a friend who's wor...
Hi, all. I'm brand-new to this whole thing, and am about to buy a pair of properties that will require a total of $15K work done.Property A needs a new roof and some other work. Probably to the tune of $10K. This work...
I have a building that has six units side by side that will be renovated and rented as studio apartments. This is in a rural area - was formerly a motel. Zoning is residential. This is somewhat of a unique propert...
Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...
Good evening, BP.I will have a one-time cash inflow from a land sale in the near future.Once deposited, I will have a myriad of decisions on investment types.My first question will be: If I choose a single family hom...
The capital is one in every of the primary things that must be taken into consideration when one is coming out with a business venture, and there are multiple sources to build up capital, combination of various source...
So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...